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Earnings roundup: Total, Quanta

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May 7, 2008

Among the earnings stories for Wednesday, May 7, from AP Financial News:

Top stories:

PARIS (AP) -- French oil company Total SA said Wednesday its first-quarter net profit jumped 18 percent amid record-high energy prices.

Other stories:

HOUSTON (AP) -- Utility and telecommunication infrastructure company Quanta Services Inc. said Wednesday its first-quarter profit fell 22 percent as higher expenses more than offset increased revenue.

FRANKFURT, Germany (AP) -- German stock market operator Deutsche Boerse AG said Wednesday its profit climbed 58 percent on record trading volumes and a gain related to an acquisition.

LONDON (AP) -- Budget airline easyJet said Wednesday that its losses in the first half more than tripled as rising fuel costs outweighed a 24 percent jump in revenues.

PHOENIX (AP) -- ON Semiconductor Corp. said late Tuesday its first-quarter profit fell 61.5 percent on higher costs.

LAKE FOREST, Ill. (AP) -- Drug maker Hospira Inc. said Wednesday it swung to a profit in the first quarter, boosted by strong sales from its injectibles business.

THOROFARE, N.J. (AP) -- Security-products maker Checkpoint Systems Inc. on Wednesday said first-quarter profit fell 3 percent due to restructuring and other one-time charges, but sales rose due to acquisitions and the weaker dollar.

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